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Siltronic AG M&A Activity 2022

Feb 1, 2022

392_rns_2022-02-01_a22cba1b-64bf-44b2-b9b5-110a6b73bd4e.html

M&A Activity

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News Details

Ad-hoc | 1 February 2022 00:56

Siltronic AG: Public tender offer by GlobalWafers will not be completed as offer conditions have not been fulfilled within the applicable deadline

Siltronic AG / Key word(s): Offer

Siltronic AG: Public tender offer by GlobalWafers will not be completed as offer conditions have not been fulfilled within the applicable deadline

01-Feb-2022 / 00:56 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.


Ad hoc announcement / Disclosure of an inside information according to Article 17 MAR

Siltronic AG

Einsteinstraße 172

81677 Munich

www.siltronic.com

Public tender offer by GlobalWafers will not be completed as offer conditions have not been fulfilled within the applicable deadline

Germany, Munich, February 1, 2022 – At the end of 31 January 2022, the deadline to obtain foreign investment approvals for the completion of the public tender offer by GlobalWafers GmbH has expired. GlobalWafers has informed Siltronic that within such deadline, a certificate of non-objection has not been issued nor is deemed to have been issued by the German Federal Ministry for Economic Affairs and Climate Action. Therefore, the conditions for the completion of the tender offer have not been fulfilled. The tender offer will not be closed, but has expired.

The business combination agreement between GlobalWafers and Siltronic foresees that GlobalWafers shall pay a termination fee of EUR 50 million to Siltronic in the event of failure to obtain required regulatory approvals within the applicable deadlines.

Additional information

ISIN: DE000WAF3001 / DE000WAF3019

WKN: WAF300 / WAF301

Deutsche Boerse : WAF

Trading: Amtlicher Markt (Prime Standard),

Frankfurter Wertpapierbörse

Contact:

Dr. Rupert Krautbauer

Head of Investor Relations & Communications

Tel.: +49 (0)89 8564 3133

E-Mail: [email protected]

*Important Information

This adhoc announcement contains statements related to our future business and financial performance and future events or developments involving Siltronic that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of the Siltronic-management, of which many are beyond the control of Siltronic. These are subject to a number of risks, uncertainties and factors. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of Siltronic may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siltronic neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.*


01-Feb-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: Siltronic AG
Einsteinstr. 172
81677 Munich
Germany
Phone: +49 89 8564 3133
Fax: +49 89 8564-3904
E-mail: [email protected]
Internet: www.siltronic.com
ISIN: DE000WAF3001
WKN: WAF300
Indices: SDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange
EQS News ID: 1274895
End of Announcement DGAP News Service

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